How many pounds of raw materials should be purchased
If there were 60,000 pounds of raw materials on hand on January 1, 120,000 pounds are desired for inventory at January 31, and 360,000 pounds are required for January production, how many pounds of raw materials should be purchased in January?
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In 2010, Dangerous Dragon, Inc. ) sold 522,305 units of its product at an average price of $15 per unit.The company reported estimated Returns and allowances in 2010 of 3 percent of gross revenue.
Farha Co. purchases a machine for $11,500, terms 2/10, n/60, FOB shipping point. The seller prepaid the $260 freight charges, adding the amount to the invoice and bringing its total to $11,760.
SY Telc has recently started the manufacture of RecRobo, a three wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone.
Original purchase cost $15,000 $25,000 Accumulated depreciation $ 6,000 ---Estimated annual operting costs $24,000 $18,000 Useful life 5 years 5 years.
Complete the production cost report for the Welding Department for the month of February. Transferred in costs are considered materials costs.
Pro Sports Inc. manufactures basketballs for the National Basketball Association (NBA). For the first 6 months of 2008, the company reported the following operating results while operating at 90%.
Randon house current eps is 6.50. It was 4.42 five years ago. The company pays out 40% of its earnings as dividends and the stock sells for $36.00 Calculate the next expected dividend per share, D1(hint d0= 0.4(6.50= 2.60)
Robert Buey became Chief Executive Officer of Phelps Manufacturing two years ago. At the time, the company was reporting lagging profits, and Robert was brought in to "stir things up."
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